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EWI licence to be revoked on July 21

Published:Wednesday | June 25, 2014 | 12:00 AM

The Energy ministry is reporting that the licence granted to Energy World International (EWI) to build a power plant in Jamaica is to be revoked effective July 21.

In a statement yesterday, the ministry said EWI had been notified of the revocation.

The Government decided to revoke EWI's licence after it failed to meet a deadline to post a US$37 million performance bond.

The project ran aground last month after EWI encountered problems getting the Inter-American Development Bank (IDB) to provide funding for the 381-megawatt plant it proposed to build.

The IDB had cited a report from the Office of the Contractor General that outlined procure-ment breaches, which, it said, should have excluded EWI from the bidding process.

The control of the project has since been moved to the Office of the Prime Minister, with a six-member Electricity Sector Enterprise Team, chaired by Dr Vin Lawrence, appointed to lead the restarted process.